The Fascinating Nature Of Day Trading
Imagine that you have found the perfect trade, the one that you have been waiting for all day. It is close to your target range or reached it. You sell it and pocket the profit. Have you ever wondered it who is the mysterious buyer that purchased the stock from your hand?
The answer is pretty straightforward to this question, he or she, is another buyer who chose the same day trade as you did. In this market, for every single winner, there is a loser, that’s just how it is. Regardless of what day trading system you use, when there is a surplus, there has to be a deficit. That is just the nature of the market.
Look for the telltale signs in the system
Day trading will come down to your ability to recognize and identify different patterns. Once you did that, making the right decision will be a lot easier. You can still make mistakes, and you can still get unlucky, but that is part of the deal. No matter which day trading system you use, it is much harder to earn a decent coin today than it way 20 or 30 years ago.
Probably the biggest reason why the market is more challenging today is the flow of information. Information today is basically free and available to anybody who has an eye for that kind of stuff. As a result, there are much more market-savvy traders than ever before in the history of stock trading.
They are thorough and just generally very, very good. Remember when I said that there has to be a winner, and a loser, each and every day, in each and every trade? As you can imagine, finding that person today is much harder… And you know what they say, if you can’t spot it…